Active ID: 112501690 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

3 Bed • 1 Bath • 104 m²

€300,000

↓ 4.8% from €315,000
€300,000 2026-10-07
€315,000 2026-09-17
AI Analyst
Long-term Rental

"Prime central Alicante apartment with abundant natural light, corner orientation, and elevator access. Offers strong rental potential post-renovation, benefiting from proximity to the marina, theatre, and vibrant city amenities. Ideal for value-add investors seeking location-driven upside."

Negotiation Leverage Balanced
Value Add Full renovation to modern standards
Pros
  • •Excellent central location near key city attractions
  • •Corner unit with ample natural light and exterior orientation
  • •Building equipped with elevator, enhancing tenant appeal
Cons
  • •Requires significant renovation investment
  • •Only one bathroom limits multi-tenant flexibility
  • •No terrace or parking, reducing premium rental appeal
Description

APARTMENT FOR SALE IN THE HEART OF ALICANTE – CALLE CASTAÑOS Located in one of the most central and sought-after areas of Alicante, on Calle Castaños, just a few minutes from the Marina, the Principal Theatre, the Explanada de España, and surrounded by all kinds of services, shops, restaurants, and transport. The property is distributed into an entrance hall, three bedrooms, a spacious bathroom, a kitchen, a living room, and a dining room. It is currently in need of partial or complete renovation, offering the buyer the possibility to adapt the home to their needs and create a completely personalized living space. One of its main features is its corner location and the fact that it is entirely exterior, with the exception of the bathroom, which provides excellent natural light and a pleasant feeling of spaciousness. Additionally, it features built-in wardrobes and an elevator in the building. An excellent opportunity for those looking for a home in the heart of Alicante, with a privileged location and great renovation potential. This document is merely informative, indicative, and non-binding; the information has been provided by the owners and its use is strictly commercial. The photographs reflect the current state of the property. Property Transfer Tax (ITP): The tax rate in force in the Valencian Community will be applied, generally 9%, without prejudice to reduced rates of 8%, 6%, 4%, and 3%. Notary Fees: Fees will be calculated according to the official tariff regulated in Annex I of Royal Decree 1426/1989. Registry Fees: Registration will be invoiced according to the official tariff established in Annex I of Royal Decree 1427/1989. Administrative Management Fees (Gestoría): Fees for administrative processing, tax settlement, and registration amount to between €300/€400 (VAT included). Agency Fees: Paid by the owner. For comprehensive information on tax rates and ITP deductions, you can consult the official portal of the Valencian Tax Agency:.

Features
Elevator
Exterior
Investment Summary
Purchase Price €300,000
Taxes (ITP 10%) + €30,000
Notary Fees + €2,520
Registry Fees + €960
Gestoría Fees + €900
Valuation + Other + €339

Total Investment €334,719
Est. Monthly Rent €1,516/mo
Est. Annual Rent €18,196/yr

Est. Yield 5.44%
Days on Market
28
First seen
2026-09-17
View on Idealista